Contract
Contractual Agreement between KU7 and the Insurant
| I. | Claim to indemnification payment |
| II. | Registration/conclusion of contract |
| III. | Payment of premiums |
| IV. | Period of validity/cancellation of insurance (evacuation) |
| V. | End of insurance |
| VI. | Change in tariffs |
| VII. | Exclusions |
| VIII. | Risk closeout |
| IX. | Evacuation & domiciling |
| X. | Updates to contract |
| XI. | Final words |
I. Claim to Indemnification Payment
The insurant is entitled to insurance cover or to claim indemnification benefits after 12 months insofar as the insurant has fulfilled the necessary requirements.
The requirements are:
a) The insurant has paid the annual premium to KU7 without any periods of interruptions.
b) The insurant and/or his/her co-insured person/s does/do not fall under the below-mentioned KU7-NO-GO fields of exclusion with his/her online and/or offline activities.
c) The cause of the claim has credibly and verifiably taken place, the insurant is being prosecuted at his/her place of residence in the scope of his/her online activities.
d) On the event of the claim, the insurant furnishes KU7 with proof that he/she is the insured person and is identical to the personal data given to KU7.
II. Registration/Conclusion of Contract
Registering with KU7 is easy and comprehensible.
Click the register button “Conclude contract” and fill in the online form. After sending your data to KU7, you will receive confirmation by email. This email contains a verification link. Please click it to verify your email address and the future availability of the insurant.
When registering, please enter your real first and last names (as well any other last names) as insurant as well as your date of birth and that of all co-insurants. As insurant, you do not need to show KU7 your passport until the event of a claim, in order to compare with the insurant’s given personal data.
If the personal data does not match the given personal data, KU7 is not obliged to make indemnification payments. With this regulation, KU7 wants to prohibit widespread reseller ambitions amongst webmasters. The insurance cover is not transferable.
As insurant, you will receive from us your personal access data to your personal KU7 online area. For security reasons, you will not be sent an insurance policy (framed paper document). Instead of that, your KU7 nick, your KU7 insurance number and your KU7 password are proof of validity.
Please note down the above-mentioned data without context on a piece of paper or in a passive email account.
Your KU7 insurance is valid worldwide and your KU7 support is available online every day. In your personal customer area, there are two communication channels to KU7 available.
- General enquiries to customer support.
- Emergency button: You require evacuation.
III. Payment of Premiums
a) The payment of premiums can be scheduled and settled by the insurant on a monthly, quarterly, six months’ or annual basis. The means of payment can be altered depending on the financial situation of the insurant.
b) Each premium must be paid into the account stated by KU7 by the 10th workday following the due date at the latest. In the case of non-payment of a premium, KU7 will remind the insurant twice of the outstanding payment by email. Should the insurant fail to settle outstanding payment/s, the insurance cover is automatically terminated after 3 months, premiums already paid expire.
IV. Period of Validity/Termination of Insurance.
a) The insurance cover becomes “active” as of receipt of payment of the first premium.
b) The period of validity of the insurance is unlimited.
c) The insurant can cancel the insurance at any time. The insurance can be terminated in the personal customer area. After activation of the termination button, KU7 will send a verification email to the insurant to confirm the termination.
V. End of Insurance
Insurance ends:
a) On rendering the payments in the case of a claim by fulfilling the corresponding service package.
b) On termination by the insurant.
c) If the insurant returns to his/her initial domicile after a successful evacuation, he has no claim to further services or help from KU7, irrespective of the status of fulfilling services at that point in time.
VI. Change in Tariffs
a) It is possible to change to a different tariff at any time.
b) When changing to a higher tariff, a new transitional period of 12 months takes effect before being able to make claims to the higher indemnification payments.
c) When changing to a cheaper tariff, the insurant can only make claims on the newly chosen service package. Payments already made at the higher tariff will not be deducted.
d)The insurant may balance the difference between the individual service packages by means of a lump sum payment or special payments.
It would be our pleasure to give you individual advice.
VII. Exclusions
a) KU7 is a mere risk insurance. The insured risk is solely the evacuation of the insurant and his/her possible co-insurants in accordance with the service package.
b) KU7 does not finance globetrotters. KU7 is not a credit grantor.
c) The entire loss of insurance cover becomes effective if the insurant or one of his/her co-insurants can be connected with – now and/or in the past – with the following absolute KU7-NO-GO areas of exclusion:
- Terrorist activities of any kind;
- Breach against Narcotics laws;
- Breach against War Weapons Control Acts;
- Penal sexual practices;
- Capital offences;
- Phishing.
d) An entire loss of insurance cover becomes effective if the insurant did not state the correct data required regarding the insurants.
e) The payment of premiums is not effected for more than 3 months.
f) The claim is not in immediate connection with the insurant’s activities as webmaster or falls under the excluded risks.
g) After occurrence of the claim and performed and successful evacuation and settlement in the new domicile, the insurant returns to the initial country of evacuation.
h) If the insurant attempts to defraud KU7.
KU7 will examine each and every claim as to whether the areas of exclusion are involved.
VIII. Risk Closeout
The necessity to evacuate a webmaster does apply in the case of war, civil war, revolutions, terrorist attacks and force majeure such as earthquakes, floods or climatic changes; family problems, maintenance claims, debts, persecution mania, persecution on the grounds of skin colour and religion.
IX. Evacuation & Domiciling
a) The insurant will only be informed about his/her future offshore country of domicile (destination) in the case of a claim.
b) KU7 will stipulate the flight and routes of travel of the insurant from case to case and in line with needs.
c) On the occurrence of a claim, the start of an evacuation, KU7 will provide the insurant with a personal travel coordinator, who, together with the insurant, will realise the practical procedure of the trip (fix route/buy tickets/deposit at airport).
Communication between the travel coordinator and the insurant can take place in the customer area of the KU7.org website or by telephone.
d) KU7 will choose the offshore country of domicile in question with regards to economic and politically stable criteria and can thus guarantee the evacuated webmaster peaceful working and protected accommodation in a safe retreat.
e) The accommodation of the insurant in his/her offshore domicile comes up to normal western standards, hygiene, medical care, online/offline infrastructure is given.
X. Updates to Contract
In the case of updates to the contract, KU7 will inform the insurant by email and in the customer area on the KU7.org website.
XI. Final Words
KU7 is aware of the great responsibility it has towards the insurant in the case of a claim and is willing to handle accordingly!
All prices in USD
Date: 12th June 2010